The hall effect magnet and the switch are in two parts, so whats so difficult to understand " the hall effect or the dhw switch" ?
because there's no such thing as a hall effect magnet. There's a plain old magnet and the separate hall effect sensor in the plastic housing that clips on.
This bit contains the magnet assembly that shuttles on a DHW demand....
http://www.boilerparts.co.uk/Uploads/HALSTEAD/500640.jpg
and this bit contains the hall sensor circuitry....
http://www.boilerparts.co.uk/Uploads/HALSTEAD/500641.jpg